1. The board of directors is charged with the role of monitoring management, and the CEO in particular, to try to ensure that the company is run in a manner that will maximize shareholder wealth. Discussed how sometimes CEOs are able to pursue a strategy that facilitates their own personal goals, which may not be consistent with those of shareholders despite the oversight role of the board of directors.

2. Is the compensation of senior management affected by the success or failure of acquisition programs? For companies that pursue large-volume acquisition programs, with M&As being an integral part of their growth strategy, is linking managerial compensation to the success of those deals sensible.